Saudi Investment Recycling Company and CarbonMeta Research SIRC and CarbonMeta Technologies (COWI) subsidiary to focus on up-cycled pavers and bricks that capture CO2 during manufacturing process
RIYADH, SAUDI ARABIA and OXFORD, UK / ACCESSWIRE / February 2, 2022 / Saudi Investment Recycling Company (SIRC) and CarbonMeta Research Ltd, a wholly owned subsidiary of CarbonMeta Technologies Inc. (OTC PINK:COWI), ("CarbonMeta") have announced today the signing of Memorandum of Understanding (MoU) for a joint cooperation on the commercialization of recycling construction and demolition waste
"This collaboration will help advance a solution recycling construction and demolition waste recycling into products that will also mitigate climate change by capturing carbon dioxide (CO2)," said Ziyad Al-Shiha, CEO of Saudi Investment Recycling Company (SIRC). "Through this cooperation, SIRC and CarbonMeta Technologies can help advance construction waste management technologies and contribute to the development of a circular, sustainable economy."
SIRC and CarbonMeta will be working together to prototype the development of manufacturing processes needed to convert construction waste into source materials, and scale up those manufacturing processes to meet the volume and quality production requirements of key construction contractors in Saudi Arabia.
"Collaborating with SIRC will step up our efforts to commercialize the production of up-cycled pavers and bricks in Saudi Arabia." said Mohammed Khalil, Managing Director of CarbonMeta Research. "We look forward to working closely with SIRC toward the development of a circular, sustainable economy in line with Saudi Vision 2030."
https://www.accesswire.com/686904/saudi-investment-recycling-company-and-carbonmeta-research-sign-mou-to-commercialize-construction-and-demolition-waste-recycling